Apache Corporation (APA), Suncor Energy Inc. (USA) (SU), Canadian Natural Resource Ltd (USA) (CNQ): These Stocks Could Gush, And Some Already Have

Suncor Energy Inc. (NYSE:SU) shed 4%, and yields 1.8%. It’s Canada’s largest energy company, with expertise in deep oil sands. The company recently canceled its plans to upgrade its Voyageur plant in northern Alberta, due in part to competitive pressures. Thus, it will likely just ship more oil to refiners to do much of the processing work. The company is vulnerable to possible tightened regulations due to the recent pipeline oil spill in Arkansas. Some like its diversification beyond North America.

Canadian Natural Resource Ltd (USA) (NYSE:CNQ) slid 2%. It’s Canada’s second-largest energy concern and yields 1.6%. It owns a lot of land, but some of its properties offer oil that’s expensive to produce. Analysts at Zacks downgraded the stock in March, citing operational challenges and natural gas weakness as some concerns. Some see it as a possible takeover target.

The article These Stocks Could Gush — Some Already Have originally appeared on Fool.com is written by Selena Maranjian.

Longtime Fool contributor Selena Maranjian, whom you can follow on Twitter, has no position in any stocks mentioned. The Motley Fool owns shares of Apache.

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